C3.ai, Inc.

C3.ai, Inc. - SaaS Valuation Profile AI

Productivity

Key Figures

ARR Multiple
5.6x
ARR
$213M
YoY Growth
-46.1%
Revenue (Q)
$53M
Market Cap
$1.2B
Gross Margin
17.3%
Op. Margin
-263.6%
Rule of 40
-309.7
Magic Number
-1.50

Company Overview

C3.ai, Inc. is an enterprise artificial intelligence software company that provides a platform and portfolio of pre-built AI applications for organizations to develop, deploy, and operate large-scale AI and machine learning solutions. Founded in 2009 by Tom Siebel (founder of Siebel Systems, the CRM pioneer acquired by Oracle), and headquartered in Redwood City, California, C3.ai targets large enterprises and government organizations seeking to apply AI to critical business operations without building custom AI infrastructure from scratch.

The C3 AI Platform is a comprehensive application development and runtime environment for enterprise AI, providing data integration, model development, MLOps, feature engineering, and application serving capabilities. The platform supports the entire AI application lifecycle — from data ingestion and unification across disparate sources, through model training and tuning, to production deployment and monitoring — accelerating AI development timelines from months to weeks.

C3.ai also offers a growing library of turnkey enterprise AI applications built on the platform, addressing use cases such as predictive maintenance, supply chain optimization, fraud detection, energy management, anti-money laundering, CRM, and inventory optimization. C3 Generative AI, launched in 2023, brings large language model capabilities to enterprise search, document understanding, and conversational analytics, integrated with the company's existing AI platform and enterprise data connectors.

The company serves customers across industries including defense, intelligence, manufacturing, energy, financial services, and healthcare, with deployments at organizations like the U.S. Department of Defense, Baker Hughes, Shell, and Koch Industries. C3.ai generates approximately $350 million in annual revenue, having transitioned from a subscription model to a consumption-based pricing approach. Gross margins are approximately 60%. The company employs around 900 people and competes with Palantir, Databricks, Google Vertex AI, and AWS SageMaker in the enterprise AI platform market.

Entity Information

Industry
7372: Services-Prepackaged Software
Fiscal Year
Apr 30
Incorporated
Delaware
Phone
(650) 503-2200
Address
1400 SEAPORT BLVD, REDWOOD CITY, CA, 94063
Mailing address
1400 SEAPORT BLVD, REDWOOD CITY, CA, 94063
EIN
26-3999357
Entity type
operating
SEC industry framework
06 Technology
Former names
C3 IoT, Inc. (to 2018-03-26); C3, Inc. (to 2013-05-29)

Valuation data is not available for this company.

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Quarterly Financials